Traders push Strait of Hormuz reopening expectations to late 2025 or beyond after Iran-Israel strikes
By
Ananya Chetia
Crispy enough to crunch, soft enough to enjoy. A good bake.
Summary
Traders have revised their expectations for the reopening of the Strait of Hormuz, now seeing a higher chance it will remain blocked until the end of the year or even 2027, following renewed military strikes between Iran and Israel. This marks a shift from two weeks ago when traders estimated a 60% chance of reopening before August. The conflict escalation includes Iran firing missiles at northern Israel and Israel conducting large-scale strikes on Iranian defense systems.
Key quotes
· 2 pulledI don't know. I mean, I think it could be (closed through Labor Day), but I think it's unlikely.
I think this will resolve i
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